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Requirements To Be A Dot Com Mogul

I had a few people recently asked me what is required to be a Dot Com Mogul. I assume they’re asking because they want to know if they can call themselves Dot Com Moguls as well. To be honest, I haven’t really thought about it, nor had I laid down any rules to obtain Mogul status. Now that I’m getting a few questions about it I figure it’s time to lay out a few ground rules. So here they are.

To be considered a Dot Com Mogul you must meet all the follow requirements.

Your income is made from the Internet

The minimum Internet income level is $10,000 per month (you can not add income from other sources to hit this $10K level)

You have no jobs outside of the Internet

You have a personal blog with your name as the domain name

Your blog must be updated at least once per week

A Google search of your name must be at the #1 spot

You must be willing to help dot com mogul wannabes

If you meet the all the above seven requirements, then you can call yourself a Dot Com Mogul! If you don’t meet all the requirements and you’re calling yourself a Dot Com Mogul, then remove the title now! 🙂

If you’re using one of the house equity manouveurs to write off interest, maxing out your RRSP’s, if needed, and using the shelter built by your incorporation for much of your income, you won’t have to pay any taxes personally, your company pays a little as incorporations have a lower rate, and you’re good to go. You’ll have to work it out at the end of the year to tie up the lose ends though. The tweaks will be different depending on your situation. So yep, possible, but maybe not for everyone.

"How I Went From Zero to Over $100,000 a Month"

The Original Dot Com Mogul

John Chow, a damn fine person, friend of the community, Ultimate Fighting Championship contestant, member of the Save the Whales Foundation, the man who controls the black market on baby seal pelts and member of the probably yo’ daddy foundation...

John Chow rocketed onto the blogging scene when he showed the income power of blogging by taking his blog from making zero to over $40,000 per month in just two years.